Iraq and Jordan are advancing discussions on a joint border economic city aimed at boosting economic cooperation. Iraqi PM Muhammed S. Al-Sudani and Jordanian Minister Yarub Qudah emphasized strengthening bilateral relations and enhancing trade collaboration. Key discussions also focused on the Development Road project, highlighting its strategic importance for both nations.
On Monday, Iraq and Jordan engaged in discussions regarding the development of a joint border economic city. Iraqi Prime Minister Muhammed S. Al-Sudani met with Yarub Qudah, the Minister of Industry, Trade, and Supply of Jordan, who conveyed greetings from King Abdullah II and expressed support for Iraq’s upcoming hosting of the Arab League Summit in Baghdad.
The meeting emphasized the importance of strengthening bilateral relations and enhancing cooperation across various economic sectors. Strategies for advancing industrial and trade collaboration were discussed, including the role of the Iraqi-Jordanian Joint Trade Committee and the promotion of private sector partnerships.
Significant progress on the joint border economic city initiative was a central topic, aiming to boost economic integration, attract investments, and stimulate partnerships beneficial to both nations. The discussions also reviewed ongoing efforts related to the Development Road project, highlighting its strategic components and associated initiatives.
The joint economic city is a key initiative aimed at fostering economic cooperation and integration between Iraq and Jordan. This project is expected to create new investment opportunities and enhance trade relations, thereby contributing to economic stability and growth in both regions. High-level discussions indicate strong political will to progress these economic initiatives, particularly with the upcoming events like the Arab League Summit, which underscores their commitment to regional collaboration.
In conclusion, the meeting between Iraq and Jordan highlighted significant ongoing efforts to strengthen economic ties through the joint border economic city initiative and related projects. With support from national leadership and a focus on collaboration across various sectors, both countries aim to create a mutually beneficial economic environment that supports investment and trade. The discussions also reflect a commitment to enhancing both nations’ economic landscapes.
Original Source: ina.iq